company law | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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Sole trader has ..................liability

unlimited

which businesses have legal entity

Plc, Ltd, LLP

Money taken out by partners in advanced is

drawings

What does IPO stand for

Initial Public Offering

Name two documents which are needed to incorporate the company

memorandum & articles of association

A partnership can be .....................which means terminated

dissolved

Creditors who have a collateral are called........creditiors

secured

Company went........liquidation

into

Name two unincorporated businesses

sole trader, partnership

First shareholders are called.................

Subscribers

ltd with one shareholder is called

single member

Registered office of a company is called a...................

seat

A director can be dismissed or d......................

disqualified

Liquidator........the assets and gives..............to the creditors

realises/proceeds

Differnce between nominal and market value of shares is called a.........

premium

Anoter name for dormant partner is .................partner

sleeping

Another name for equity is

share capital

Profits from shares are called.................

dividends